旧势力行情

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策略日报:重视“旧”势力行情-20251016
Tai Ping Yang Zheng Quan· 2025-10-16 14:43
Group 1 - The report emphasizes the importance of the "old" forces in the market, particularly sectors like coal, banking, and aquaculture, which are expected to regain market attention in the upcoming quarter [5][20][10] - The technology sector, represented by the ChiNext and STAR Market, is currently underperforming, with high absorption rates making it difficult to achieve excess returns [5][20] - The report maintains a bullish outlook on coal, banking, photovoltaic, aquaculture, and nuclear power sectors for the fourth quarter, suggesting that buying in less popular areas and selling in high-demand areas is essential for achieving excess returns [5][20] Group 2 - In the bond market, the long end is expected to rise while the short end declines, with a forecast for the 30-year government bond to stabilize after hitting a new low this year [4][15] - The report predicts that the A-share market will continue to show strong momentum in the medium to long term, despite potential short-term adjustments [4][15] - The report suggests that the U.S. dollar will maintain a strong performance in the near term, with expectations for the euro to continue declining against the dollar [7][30] Group 3 - The commodity market shows a mixed performance, with the Wenshu Commodity Index rising by 0.57%, particularly in coal and polysilicon sectors, while overall commodity performance remains weak [8][33] - The report advises caution in short-selling commodities, as certain strong products may still perform well, but overall market conditions suggest a bearish outlook [8][33] - The report highlights the need for investors to set stop-loss levels, especially after breaking previous support levels [8][33]